On July 4, 1945, the great atomic scientist Leo Szilard finished a letter that would become the strongest (and one of the very few) real attempts at halting President Truman’s march to using the atomic bomb – which was two weeks from its first test at Trinity – against Japanese cities.
Be careful what you vote for. The Australian. Anthony Albanese has given a speech that will heighten fears of a growing strategic and political disconnect between Australia and Washington. …“Our alliance with the US ought to be remembered as a product of Curtin’s leadership in defence and foreign policy, not the extent of it,” he
The post Albo pivots to China appeared first on MacroBusiness.
With a bit of a break in action after the federal election, I’ve decided to launch an Instagram account for the Tally Room. The account will have posts lining up with blog posts here on the website, as a bit of a taste of what you can read on the blog. I’m also interested in doing video previews for podcasts and video updates, which could potentially be posted on Tik Tok and Facebook at some point. I’m just going to take my time getting a hang of producing content that works for those platforms.
Friday night was a subdued session as Wall Street was closed for the (last?) 4th of July celebration while European shares took a drop as the expectations of entrenched tariffs from the Trump regime’s deadline this week look set. The early and surprisingly upbeat NFP print gave the USD a small reprieve in the previous
The post Macro Morning appeared first on MacroBusiness.
After the federal election on 3 May, dissection of the Liberals’ turmoil received top billing.
But there has also been a “get the Greens” movement. Everybody has been piling on. The Greens are too extreme on everything. The brawl is of deeper significance.
Gaza as Exhibit A. The Greens have been too extreme on Gaza, say the Libs and Labor and their acolytes and the pundits.
THE FOLLOWING PAPER BY JUDITH CURRY (and Harry DeAngelo) IS THE NEXT STEP IN CLIMATE CHANGE DENIAL. YES GLOBAL WARMING IS HAPPENING BUT IT’S NOT AS BAD AS THE ALARMIST WOULD LIKE YOU TO THINK. DOING ANYTHING TOWARDS NET ZERO WILL BE CATASTROPHIC FOR THE ECONOMY AND WILL HAVE VERY LITTLE IMPACT ON THE CLIMATE… GUS LEONISKY Inc. CHALLENGES THIS VIEW. MY COMMENTS AT THE END.
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Russian President Vladimir Putin is “a professional” who has learned how to handle Western sanctions, but he understands that more could come if the Ukraine conflict is not settled, US President Donald Trump has said.
Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please.
I’m now using Substack as a blogging platform, and for my monthly email newsletter. For the moment, I’ll post both at this blog and on Substack. You can also follow me on Mastodon here.
The atheist’s mantra: There’s none.
And I am not trying to convert you. It's impossible. 15 Mar 2021
DXY is stable, but the EUR is in a hurry. AUD is not. CNY plods on. OPEC boosted big over the weekend. Oil is to suffer. Metals flamed out. Miners meh. EM is looking a bit like its old self. Junk meh. US markets were shut for Independence Day, but the falling dollar is starting
The post Australian dollar abandons Europe appeared first on MacroBusiness.
Domain/Nine has a new excuse for the property bubble. Nine. This is a small portion of the tens of billions of dollars of proceeds of crime that need to be laundered each year – including the $12 billion annually spent on illicit drugs such as cocaine. The vast majority is channelled into houses, apartments and
The post Alan Kohler goes postal over property bubble appeared first on MacroBusiness.